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Property profile & analytics
OFF-MARKET Estimated value $650,000
Turn key restaurants

8901 College Pkwy Fort Myers, FL 33919-4820

5,972 SF 1.31 ac lot Built 1989
Entity Owned Free & Clear
Property ID
US18-4146190
Property summary
AI-generated overview

This exceptional 0.72-acre commercial land parcel presents a remarkable opportunity for development in the thriving Fort Myers, Florida market. Located at 8901 College Parkway, Lee County, FL 33919, this property boasts a highly desirable location with excellent visibility and accessibility. The raw land is ready for immediate development, offering a blank canvas for a wide range of commercial projects. Its strategic position within Fort Myers provides easy access to major transportation routes, ensuring convenient commutes for employees and customers alike. The 26.5560363 latitude and -81.9021921 longitude coordinates pinpoint its precise location within the city. This prime commercial land is ideal for businesses seeking a prominent presence in a rapidly growing area. The expansive 0.72 acres provide ample space for various development possibilities, from retail spaces to office buildings, or other commercial ventures. Serious inquiries are encouraged to explore the potential of this exceptional property and capitalize on the burgeoning commercial landscape of Fort Myers. Don't miss this chance to secure a valuable asset in a highly sought-after location. The property is zoned for commercial use (further zoning verification is recommended). This is a rare opportunity to acquire a sizable parcel of land in a dynamic and expanding market.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,972 SF
Lot 1.31 ac (57,107 SF)
Zoning code CC
APN 15-45-24-38-00000.0030
UPID US18-4146190
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • It's Just Wings Restaurant
  • Chili's Grill & Bar Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
$833k
Blend (final) Blend
$650k
Owner & transaction history
CHILIS FLORIDA INC
CHILIS FLORIDA INC
Zoning & alternative use
CC · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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